During your studies, you decide on two elective subjects. At least one module is related to the specialisation “Actuarial Science” and at least one to the specialisation “Mathematical Finance and Risk Management”. You also choose a seminar. 

The range of elective courses and seminars on offer will be announced punctually before the start of the winter semester.

Actuarial science

• Actuarial methods in non-life insurance
• Actuarial data science
• Selected topics from the field of actuarial science

Mathematical finance and quantitative risk management

• Interest rates, interest rate structure and interest rate derivatives
• Credit risk modelling
• Applied time series analysis
• Computational finance
• Exotic derivatives
• Portfolio management
• Machine learning
• Selected topics from the field of mathematical finance
• Selected topics from the field of risk management

General elective modules

• Credit analysis and business valuation
• Information economics
• Commodity and energy derivatives
• Macro-finance
• Corporate finance
• Financial technology (FinTech)
• Fundamentals of German and European capital market law
• Selected topics from the field of finance